Homeowners facing foreclosure won't be evicted over the holiday season if their mortgages are owned by Fannie Mae or Freddie Mac . The two government-sponsored mortgage giants announced Monday that their annual eviction moratorium will run from December 17 through January 2. While mortgage servicers and lenders may still engage in legal activities related to foreclosure, affected families won't be locked out of the homes. This step should bring "a greater measure of certainty," Freddie said in a release. "We encourage homeowners who may be struggling with their mortgage or facing possible foreclosure to reach out," Fannie officials noted.

A federal regulator on Tuesday raised the dollar amount of mortgages that can be backed by Fannie Mae or Freddie Mac as home prices continue to surge. Despite recent deceleration, prices of homes backed by the two government-sponsored enterprises rose 6.9% on average between the third and fourth quarters. That means that the base home loan limit will increase the same amount. In most of the U.S., that maximum will become $484,350, up from $453,100 in 2018. The cap for higher-cost areas will be $726,525.

Federal National Mortgage Association, or Fannie Mae, said Friday it will pay a $4 billion dividend to the U.S. Treasury as the mortgage-finance giant continued to grow its book of business guaranteeing single-family and multifamily loans.

Fannie Mae , one of the government-backed enterprises that guarantees most U.S. mortgages, on Monday said it appointed Hugh Frater as interim chief executive officer, replacing outgoing CEO Tim Mayopoulos. If approved by Fannie's regulator, the Federal Housing Finance Agency, Frater will start his new role October 16. Mayopoulos announced in July plans to leave on Oct. 16. Frater is currently a director on Fannie's board, and previously worked at Berkadia Commercial Mortgage LLC, a real estate company that provides capital markets solutions for multifamily and commercial properties.

The White House said it would nominate Mark Calabria, a top vice presidential aide, to head the federal agency charged with overseeing Fannie Mae and Freddie Mac, and Heath Tarbert, a senior Treasury Department official, to become the top U.S. derivatives regulator.

The battle between man and bot has a new front: your mortgage. Regulators have proposed loosening real-estate appraisal requirements to enable a majority of U.S. homes to be bought and sold without being evaluated by a licensed human appraiser.

We’re in the midst of a wave of deregulation as the Trump administration unwinds many of the protections put in place after the financial crisis. But even if Democrats win a majority in the House, we probably won’t see massive changes.

Fannie Mae was receiving massive capital infusions from the Treasury Department, managing tens of thousands of foreclosed homes and facing bipartisan calls for its abolition when Timothy Mayopoulos joined the mortgage-finance company nine years ago as general counsel. He leaves Monday after six years as CEO.

Housing-finance official Mel Watt and a senior federal worker who has accused him of sexual harassment testified before a congressional panel Thursday in a tense hearing where both addressed the charges.

A House panel invited a woman who has accused housing-finance official Mel Watt of sexual harassment to testify at a Thursday hearing where he is slated to speak about the Federal Housing Finance Agency’s business.

Putnam Investments money manager Brett Kozlowski likes to buy bonds from government-sponsored enterprises Fannie Mae and Freddie Mac, but lately he has been boosting his funds’ performance by wagering that some of the country’s most downtrodden shopping malls will survive.

The White House said it would nominate Mark Calabria, a top vice presidential aide, to head the federal agency charged with overseeing Fannie Mae and Freddie Mac, and Heath Tarbert, a senior Treasury Department official, to become the top U.S. derivatives regulator.

The battle between man and bot has a new front: your mortgage. Regulators have proposed loosening real-estate appraisal requirements to enable a majority of U.S. homes to be bought and sold without being evaluated by a licensed human appraiser.

Fannie Mae

Federal National Mortgage Association is a government-sponsored company, which engages in the provision of liquidity for purchases of homes and financing of multifamily rental housing ang refinancing existing mortgages. It operates through the Single-Family and Multifamily segments. The Single-Family segment offers liquidity to the mortgage market and increase the availability and affordability of housing for single families. The Multifamily segment includes guaranty fees on the mortgage and on the multifamily mortgage loans. The company was founded in 1938 and is headquartered in Washington, DC.
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